WallStSmart

Garmin Ltd (GRMN)vsNovanta Inc (NOVT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Garmin Ltd generates 639% more annual revenue ($7.25B vs $980.60M). GRMN leads profitability with a 23.0% profit margin vs 5.5%. NOVT appears more attractively valued with a PEG of 2.11. GRMN earns a higher WallStSmart Score of 61/100 (C+).

GRMN

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 8.5Value: 7.3Quality: 9.0
Piotroski: 5/9Altman Z: 5.27

NOVT

Hold

44

out of 100

Grade: D

Growth: 4.7Profit: 5.0Value: 4.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRMNUndervalued (+40.9%)

Margin of Safety

+40.9%

Fair Value

$349.38

Current Price

$244.78

$104.60 discount

UndervaluedFair: $349.38Overvalued
NOVTSignificantly Overvalued (-1143.0%)

Margin of Safety

-1143.0%

Fair Value

$11.41

Current Price

$117.65

$106.24 premium

UndervaluedFair: $11.41Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRMN6 strengths · Avg: 8.8/10
Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.2710/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
23.0%9/10

Keeps 23 of every $100 in revenue as profit

Operating MarginProfitability
28.9%8/10

Strong operational efficiency at 28.9%

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

NOVT0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

GRMN2 concerns · Avg: 3.0/10
P/E RatioValuation
28.1x4/10

Moderate valuation

PEG RatioValuation
3.132/10

Expensive relative to growth rate

NOVT4 concerns · Avg: 3.5/10
PEG RatioValuation
2.114/10

Expensive relative to growth rate

EPS GrowthGrowth
0.6%4/10

0.6% earnings growth

Return on EquityProfitability
5.2%3/10

ROE of 5.2% — below average capital efficiency

Profit MarginProfitability
5.5%3/10

5.5% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : GRMN

The strongest argument for GRMN centers on Debt/Equity, Altman Z-Score, Profit Margin. Profitability is solid with margins at 23.0% and operating margin at 28.9%. Revenue growth of 16.6% demonstrates continued momentum.

Bull Case : NOVT

NOVT has a balanced fundamental profile.

Bear Case : GRMN

The primary concerns for GRMN are P/E Ratio, PEG Ratio.

Bear Case : NOVT

The primary concerns for NOVT are PEG Ratio, EPS Growth, Return on Equity. A P/E of 81.3x leaves little room for execution misses.

Key Dynamics to Monitor

GRMN profiles as a growth stock while NOVT is a value play — different risk/reward profiles.

NOVT carries more volatility with a beta of 1.63 — expect wider price swings.

GRMN is growing revenue faster at 16.6% — sustainability is the question.

GRMN generates stronger free cash flow (430M), providing more financial flexibility.

Bottom Line

GRMN scores higher overall (61/100 vs 44/100), backed by strong 23.0% margins and 16.6% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Garmin Ltd

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Garmin Ltd. is an American multinational technology company with headquarters in Olathe, Kansas.

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Novanta Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Novanta Inc. designs, manufactures, markets and sells precision motion, vision and photonics components and subsystems to original equipment manufacturers in the medical and industrial markets worldwide. The company is headquartered in Bedford, Massachusetts.

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